Area 51 explain this UFO

Area 51 please explain this if you can or if any one can pay good attention to times 00:48 and time 01:05 another object go straight at it from the opposite side head to head. can any one please explain whats is all this in the video just remember this came off my Sony 8mm video camera old system, the end of this video is played in slow motion to bring out the object in question. Airplanes in background look different. Please leave a comment. I put no music in the back ground keeping it all original.